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SBI Securities prefers HDFC Bank, sees long-term upside in metals
Sunny Agarwal, Head Fundamental Research, Retail Desk at SBI Securities, remains positive on private banks, preferring HDFC Bank over Kotak Mahindra Bank after the lender received a clean legal review. He says Persistent Systems' acquisition benefits may take up to eight quarters to materialise, while slower growth remains a near-term concern. Agarwal is also bullish on the metals sector, with Indian Metals & Ferro Alloys as his top pick, and remains positive on Astral over the long term despite near-term challenges.
Omaxe to plug Rs 6,200 cr in new dedicated hospitality vertical, plans 19 hotels in 5 states
Real estate giant Omaxe is launching a dedicated hospitality arm, planning 19 hotels across India within five years. The company will invest approximately Rs 6,200 crore, focusing on key urban centers and pilgrimage sites, with a significant presence planned in Uttar Pradesh. This expansion aims to integrate hospitality with existing developments and generate over Rs 1,000 crore in annual revenue upon stabilization.
Smartworks appoints Rajeev Agarwal and Justice (Retd.) Dilip Deshmukh on its board
Smartworks Coworking Spaces has announced the strengthening of its Board with the appointment of Rajeev Krishnamuralilal Agarwal as an Additional Non-Executive and Independent Director of the Company, and the recommendation for the appointment of Justice (Retd.) Dilip Deshmukh as a Non-Executive and Independent Director of the Company, subject to the approval of the Company's shareholders.
ONGC gains on appointing Anupam Agarwal as CFO
Oil and Natural Gas Corporation (ONGC) rose 1.33% to Rs 236.30 after company has appointed Anupam Agarwal, Director (Finance), as its chief financial officer (CFO) & key managerial personnel (KMP) with immediate effect, replacing Yogish Nayak S.
Inside Rajesh Exports' paper trail—a complex web of auditors and arms
A limited-purpose, non-statutory opinion issued by KPMG Switzerland for Global Gold Refineries AG (GGR), the firm's Swiss arm, was likely used to prepare the group's consolidated financial statements, documents reviewed by Mint showed.
Tamil Nadu Establishes Duty-Free Retail Shop At Nagapattinam International Port Amid India-Sri Lanka Ferry Traffic Rise
The setting up and operations of these retail facilities will be outsourced to a private player.
Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip gian - The Economic Times
Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip gianThe Economic Times
Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip giants
Christopher Wood has cut select Indian equities to increase exposure to South Korean chipmakers like SK Hynix and Samsung Electronics, betting on the AI-driven capex cycle. He views memory stocks as core beneficiaries, citing strong demand, attractive valuations and structural shifts, while warning that malinvestment risks could eventually disrupt the AI trade.
Maharashtra TET 2026 Postponed After Alleged Question Paper Leak, 4.28 Lakh Candidates Left Waiting
The fresh allegation of paper leak comes in the backdrop of the NEET UG row.
Diamonds shine as gold buyers adapt to price volatility
As Indian consumers face rising gold import duties and erratic prices, they are changing their buying habits for jewellery. The Indriya brand reports an uptick in diamond-studded items, alongside an increase in old gold exchanges. Meanwhile, Aditya Birla Jewellery is shifting its focus from the classic 4Cs to sparkle, aiming to resonate with the younger audience eager for fresh trends.
ISRO Fires Up Next-Gen Rocket Engine In Tamil Nadu
The successful trial followed earlier tests at 47% and 60% thrust, ISRO said, adding the latest achievement will provide "sufficient confidence" to proceed with a full-thrust demonstration at 200 tons.
Info Edge appoints Himanshu Agarwal as CFO for 5 years
Info Edge (India) announced that its board has approved the appointment of Himanshu Agarwal as chief financial officer (CFO) for a term of 5 years, effective from 17 September 2026.